A price index of lumber and panels used in actual construction for Oct. 5, 2012
*Western - regional species perimeter foundation; Southern - regional species slab construction.
Crow's Market Recap -- A condensed recap of the market conditions for the major North American softwood lumber and panel products as reported in Crow's Weekly Market Report.
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Lumber: Trading activity in the SPF market, along with most prices, was flat. Late sales the week prior helped mills firm up prices and keep discounts at levels closer to quotes. Wholesalers reported decent activity. Buyers remained cautious in a Southern Pine market that remained weak overall. Treaters countered mills deeply but purchased sparingly. Wholesalers back-to-backed orders and took moderate positions on items they believed were near a price bottom. The number of sales and their volumes in the Coastal species lumber market were largely dependent on how bad a particular mill needed an order. At the same time, mills turned away deep counters. The Inland species lumber market started the week on a soft and declining note, but by week's end, mill inventories were manageable and prices had firmed or even improved slightly. The bulk of market activi